Selangor, 27 August 2025 – Hextar Retail Berhad (“HRB” or “the Group”) announced a solid topline performance for the second quarter ended 30 June 2025 (Q2 FY2025), with revenue rising 31% year-on-year (YoY) to RM19.0 million, driven by strong contributions from its expanding retail operations.
The robust retail segment performance was partly offset by weaker contributions from the wooden picture frame mouldings (WPFM) segment.
First Half FY2025 Results
For the first six months of FY2025 (6MFY2025), HRB recorded RM34.4 million in revenue, up 33.3% compared with RM25.8 million in the same period last year. However, the Group posted a loss before tax (LBT) of RM1.7 million, versus a profit before tax of RM0.8 million in 6MFY2024. The losses were primarily due to higher operating expenses from continued retail expansion and softer revenue from the WPFM business.
Quarterly Performance
On a quarter-on-quarter (QoQ) basis, revenue increased by RM3.6 million to RM19.0 million from RM15.4 million in Q1 2025. Growth was supported by:
- Higher export volumes from the WPFM segment,
- Stronger retail sales, boosted by expansion efforts,
- Removal of the fasting month effect which impacted Q1 retail sales.
The Group’s LBT narrowed to RM0.7 million in Q2 FY2025, compared to RM0.9 million in Q1 FY2025, reflecting improved contributions from both core segments.
Strategic Expansion and Outlook
As of 30 June 2025, HRB operates 22 retail outlets across Malaysia. The Group has set ambitious plans to open 100 new outlets by FY2027, targeting states beyond the Klang Valley, including Negeri Sembilan, Penang, Johor, Selangor, and Melaka.
Managing Director Eric Vo Nghia Huu said the Group remains focused on resilience and long-term growth:
“Despite challenges in both retail and WPFM segments, our diversification into retail and ongoing market expansion strategies are expected to contribute positively to future financial performance. We remain committed to strengthening our footprint nationwide.”
Looking ahead, HRB expects steady-to-moderate growth in Malaysia’s retail sector in the third quarter, supported by consumer resilience. A stronger upswing is anticipated in the final quarter of 2025, driven by festive season spending and a rebound in tourism.
